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Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

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EU climate policy aims to limit the global mean temperature increase from anthropogenic climate change to below 2 °C. They estimated the number of new vehicles required and the adoption of new technologies and fuels based on their availability and cost effectiveness under projected scenario variables such as fuel price.

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Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

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A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

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UK Government Pre-Budget Report Offers Tax Exemptions for EVs, £30M in Additional Support for Low-Carbon Vehicles; Annual Fuel Tax Increases and End of Duty Differential for Biofuels

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Support for biofuels will continue through the Renewable Transport Fuel Obligation, which provides a guaranteed demand for biofuels, with a sharper environmental focus through its carbon and sustainability reporting criteria. Tags: Climate Change Electric (Battery) Emissions Europe Fuels Policy.

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EC Project Concludes Transport Unlikely to Deliver Required GHG Cuts to Contribute to Meeting Overall 2050 GHG Reduction Target Without Policies to Limit Demand Growth

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The analysis was based on various combinations of policy options and technological improvements including new vehicle emission limits, increased fuel taxes, support for electric and hydrogen technologies, EU motorway speed limits and land transport’s inclusion in the EU’s emissions trading scheme (ETS).

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CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

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pricing, regulatory measures) were not used to their full potential. Rational transport pricing should also ensure that each mode pays for the full costs, including externalities, and provide sources for infrastructure investment. Report Of The CEPS Task Force On Transport And Climate Change. June 2013).

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California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

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In addition, although many experts say that the solution to our energy and climate problems is sending the correct price signals to industry and consumers, the transport sector’s behavior is highly inelastic in that it does not change significantly in response to changes in fuel prices, at least in the range that is politically acceptable.

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